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Home » Topic » Risk » Risk Management

Blackouts Require a New Look at Backup Power

by John McBride | Jan 10, 2020
Commercial | Markets | Risk Management

The likelihood of more-frequent blackouts means backup power must evolve from ensuring the safe exit of office workers to enabling core business functions to continue uninterrupted. That’s a major shift in preparedness that construction executives should consider in future planning.

How to Minimize Retainage Risk

by Nate Budde | Dec 13, 2019
Risk | Risk Management

Minimize risk of losing retainage on a project by understanding what it is, how to proactively protect retainage payments, negotiation tactics, and how to recover retainage funds.

To Arbitrate or Not, That Is the Question

by David K. Taylor | Dec 12, 2019
Dispute Resolution | Risk Management | Safety

Agreeing to submit all disputes to binding arbitration as opposed to litigation in court is a significant business decision that contractors should never take lightly.

Risks of a Robust Economy

by David Paddison, Douglas L. Rieder | Dec 6, 2019
Business | Business Development | Business Risk | Economy | Risk | Risk Management

While it might seem like the right time to grow a business, expanding too fast without a strong plan can be detrimental to the business, its finances and its reputation.

Understanding the Contractor’s Consent: The Hidden Dangers in a Common Form

by Kenneth E. Rubinstein, Nathan Fennessy | Dec 5, 2019
Contracts | Legal and Regulatory | Risk Management

When reviewing consent documents, contractors should keep an eye out for the following clauses, which can drastically affect their rights regardless of whether the owner actually comes to default on their loan.

Beyond Experience Modification Rate: The Effect of a Good Safety Program

by Amye Carle | Dec 5, 2019
OSHA | PPE | Risk | Risk Management | Safety | Total Human Health

While an EMR is valuable data, and something contractors can and should be proud of, contractors should not base their safety practices on that information.

Tools and Strategies for Preventing Asbestos Exposure

by Linda Reinstein | Dec 3, 2019
Risk Management | Safety | Wellness

Using respiratory protective equipment when working around asbestos and contaminated material protects the wearer from hazardous substances, but proper fit, storage, maintenance and repair are essential.

Risk-Shifting Tactics for Construction Contracts

by Nate Budde | Nov 14, 2019
Contracts | Dispute Resolution | Legal and Regulatory | Risk | Risk Management

By understanding different contractual tactics, contractors can shift financial risk to other parties. Read the contract, get legal assistance and champion open communication and transparency.
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